Core Insights - Tinka Resources has initiated its first drilling program at the Silvia gold-copper project in central Peru, acquired from BHP in 2021, aiming to discover high-grade gold and copper deposits [1][2] - The drilling will focus on Area A, where high-grade gold-copper skarn mineralization has been identified, with four diamond holes planned to reach depths of up to 400 meters [1][3] Company Developments - The drilling rig will operate continuously until late December, with the site prepared on time and within budget, showcasing effective collaboration with local stakeholders [2] - Initial results from the drilling program are expected to be reported by the end of 2025, with further findings anticipated in early 2026 [6] Geological Context - The Silvia project is located in a region known for its gold, copper, and base metal deposits, with the geological setting influenced by a 'dilational pull-apart' scenario between two regional faults [4] - The mineralization at Silvia is associated with monzonite porphyry stocks and dikes intruding a thick limestone unit, with skarn formation occurring within both the intrusions and limestone [5] Exploration Potential - Recent third-party sampling has confirmed high-grade mineralization, with notable samples showing 28.5 grams per tonne (g/t) gold and 1.2% copper over a 0.6-meter stretch [3] - Besides Area A, there are two additional areas (B and C) with high prospectivity for gold and copper, which will be evaluated in later stages of the exploration program [3]
Tinka Resources commences inaugural drilling at Silvia project in Peru
Yahoo Finance·2025-10-29 10:22